As I have previously discussed, National Prearranged
Services perpetrated one of the largest frauds ever seen in the St. Louis area, a
“Ponzi-like” pre-arranged funeral scheme which defrauded customers out of over
$600 million.

Randall K. Sutton, the former CFO, now faces up to seven
years in prison after pleading guilty to bank fraud, mail fraud, insurance
fraud, and money laundering.

Howard A. Wittner, the company’s former lawyer, faces up to
five years in prison after pleading guilty to making “false statements intended
to deceive insurance regulators, and willfully permitting a felon to engage in
the insurance business,” referring to former owner James “Doug” Cassity.